I want to start with a quotation from a Socialist Workers Party poster that I saw on the way to the Anarchist Bookfair. It said: ‘Fight Back the Wrecking Tory Cuts’. There is no doubt that the cuts have to be rejected and will be opposed; society will try to protect itself from misery. ‘Fight Back the Wrecking Tory Cuts’ says something disarmingly obvious, and yet there is more to it than it seems. What does ‘fight back the cuts’ entail as a positive demand? It says no to cuts, and thus demands a capitalism not of cuts but of redistribution from capital to labour; it demands a capitalism that creates jobs not for capitalist profit but for gainful and purposeful employment, its premise is a capitalism that supports conditions not of exploitation but of well-being, and it…